Wex Coefficient Of Variation
| WEX Stock | | | USD 144.00 -3.23 -2.19% |
Coefficient of Variation (CV) is a normalized measure of dispersion that relates volatility to expected return, making it a useful indicator of risk per unit of return. It is also referred to as relative standard deviation when expressed as a percentage. Below is Wex's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
Wex carries a Coefficient Of Variation of 35061.0, consistent with high dispersion relative to expected return — volatility substantially exceeds the return signal. The magnitude of this value is unusually large in absolute terms, suggesting an unstable or weak relationship between risk and return, often driven by low or near-zero expected returns.
Coefficient Of Variation | = | STDER |
| = | 35061.0 | |
Coefficient Of Variation Peers Comparison
Wex falls above the 1137.85 peer average for Coefficient Of Variation. Box Inc leads at 8823.16 while StoneCo registers the lowest at -2053.0196. Relative to peers, Wex's risk-return efficiency is above the group average.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for Wex and its peers. Each point represents one equity — position along the horizontal axis shows Coefficient Of Variation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Wex's Maximum Drawdown of
23.32 runs about
0.0007 times its Coefficient Of Variation of
35,061 . This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Wex. At
1,503 , Wex Inc's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
Methodology, Assumptions & Data Sources
The current Coefficient Of Variation for Wex is 35061.0. Wex's Coefficient Of Variation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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